Society for Preservation & Encourmt of Barbershop Quartet Singing Amer

Analysis

Society for Preservation & Encourmt of Barbershop Quartet Singing Amer is a registered charity in United States, based in Flemington, NJ. It received its IRS tax-exemption ruling in May 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Society for Preservation & Encourmt of Barbershop Quartet Singing Amer reported income of $81k and spending of $80k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $43k to $81k (+90%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 160%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society for Preservation & Encourmt of Barbershop Quartet Singing Amer sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within NJ. Charities of a similar size with the same main cause include PTA Oklahoma Congress ($81k), Mississippi Gulf Coast Ballet Theatre ($81k) and Little League Baseball Inc ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.